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DBS Bank, AI and Asia

Business Times · 2d

DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles

DBS Group Holdings plans to cut about 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out by human beings.

Hosted on MSN · 1d

DBS, Southeast Asia’s largest bank, is cutting 4,000 temp roles due to AI: ‘For the first time, I’m struggling to create jobs’

DBS is Southeast Asia’s largest bank by revenue, and ranks No. 10 on Fortune’s Southeast Asia 500. It’s the first of Singapore’s Big Three banks to suggest how AI will aff

Major Asia bank to cut 4,000 roles as AI replaces humans

Singapore's biggest bank, DBS, says it expects to cut about 4,000 roles over the next three years as artificial intelligence (AI) takes on more work currently done by humans. The move will affect temporary and contract staff,

1d

DBS expects to shrink contract and temp jobs by 4,000 over next 3 years as AI replaces roles

Reductions will come from natural attrition, DBS said, and permanent staff will not be affected. Read more at ...

fintechmagazine1d

DBS Plans 4,000 Job Cuts as AI Takes Over Key Tasks

Singapore's largest bank, DBS, plans to reduce temporary roles over three years while creating 1,000 new AI positions as it ...

Fintech Singapore1d

DBS CEO Piyush Gupta Highlights Struggle to Create Jobs in AI Era

Piyush Gupta said it is the first time in his 15-year tenure that he has struggled to identify new roles for job creation in ...

1d

DBS set to cut 4,000 temporary jobs over 3 years due to AI, CEO says

DBS Group plans to cut 4,000 temporary jobs over the next three years as it expects artificial intelligence (AI) to ...

2d

We may cut 4,000 jobs in next three to four years owing to Artificial Intelligence: DBS CEO Piyush Gupta

DBS Bank CEO predicts 4,000 job losses due to AI, highlighting challenges in transitioning employees to new roles.

12hon MSN

DBS to cut 4,000 temporary jobs over next 3 years; 1,000 new jobs to be added in AI: CEO

DBS Group plans to cut 4,000 temporary jobs over the next three years as it expects artificial intelligence (AI) to ...

DBS says it will ‘replace 4,000 jobs’ with AI

Although the bank, which currently employs around 41,000 people, did not provide further details on where the jobs are ...

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